705 Hatton AveDallas CenterIA50063
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Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Dallas Center at 705 Hatton Ave, Dallas Center, IA, 50063 offers a 9.45% rental yield on a $249,900 purchase with $1,969/mo rent. Total monthly income registers $1,969/mo, and a $1,223/mo payment leaves $346/mo available for distribution. Annual cash flow reaches $4,154/yr on $82,842 to close, and return on cash invested stands at 24.92% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 130.17% and total cumulative return in cash at $107,834. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,969/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50063, Dallas Center, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,158 (100%) |
| Owner Occupied HU | 976 (84.3%) |
| Renter Occupied HU | 151 (13.0%) |
| Vacant Housing Units | 31 ( 2.7%) |
| Median Home Value | $414,660 |
| Average Home Value | $437,636 |
Housing Distribution
Address Breakdown
Residential
1,025
Single Family
1,002
Multi-Family
23
Businesses
75
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Listed by: Theo Craig • Developers Realty Group LLC
Mls Name: DMMLS
Mls ID: #727329